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Updated over 1 year ago,

User Stats

21
Posts
10
Votes
Aubri Paredes
Pro Member
  • Investor
  • Rahway, NJ
10
Votes |
21
Posts

STR by the room or whole upstairs area in a single family residence

Aubri Paredes
Pro Member
  • Investor
  • Rahway, NJ
Posted

Hi everyone, I am a new investor in the area. I currently own a 2 family that I closed on last year as a house hack. I am looking to do my next house hack. 

I want to expand my search and potentially look into single family properties as a house hack. I have been looking at 2 level single family homes. My plan would be to rent the whole 1st floor or 2nd floor (depending on house layout) exclusively as STRs. After reading some occupancy laws in the area, it seems if it falls within the STR guidelines in that township, that would be okay.

Has anyone had any experience in doing this? Renting out a whole floor in a single family residence as STR? And if I wanted to put up a drywall to separate the spaces but both spaces still have two means of egress - where can I see if that is okay in that township? Trying to see what my limits are with a single family residence and separating for privacy reasons.

  • Aubri Paredes
  • Loading replies...